Rising local dominance a double-edged sword for IDX


Indonesian flags flutter against the backdrop of the Jakarta central business district skyline. — Reuters

JAKARTA: The stock market has seen a gradual recovery despite remaining vulnerable to foreign selloffs amid global headwinds and lingering concerns over index provider Morgan Stanley Capital International’s (MSCI) upcoming review, with domestic investors increasingly in the driver’s seat.

The Indonesia Stock Exchange (IDX) Composite Index has shown signs of a rebound following a severe drop in the first half of the financial year (1H26).

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Indonesia , IDX , equity

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